Total has a 50.1-percent share in the deal. The state-owned China National Petroleum Corp. has 30-percent stake and Iran’s Petropars has 19.9 percent.
Read More »China Builds New Pipeline to Transport Oil from Russia
The new pipeline. with a length of 941.8 kilometers. stretches from Mohe at the Russian border to Daqing.
Read More »Poland to Become EU’s Gas Hub
Since 1996 Poland has been getting the vast majority of its gas from Gazprom.
Read More »Top Iran Oil Tanker Firm NITC Says Shipments to Europe Increasing
Iran has steadily reconnected with buyers across Europe since sanctions were lifted and NITC expects to play a bigger role.
Read More »100 Fossil Fuel Companies Create 71 Percent of Our Global Emissions
We can count some of our old friends among them. like Shell. ExxonMobil. and Chevron!
Read More »Total to Invest $3.5 Billion Over Five Years in Offshore Qatari Field
The operation of the Al Shaheen Field under the new arrangement runs for 25 years. starting on July 14.
Read More »Baker Hughes. McDermott JV Wins Gas Development Study Contract in Tanzania
Aminex expects that the Ntorya appraisal area includes gross Pmean GIIP of 466 billion cubic ft.
Read More »Goldman Sachs Warns of Oil Below $40 Without OPEC `Shock and Awe`
OPEC must increase output cuts aimed at shrinking a global glut with little public announcement in order to jolt investors.
Read More »Pakistan to Become Major LNG Importer by 2022
Last year Pakistan and Qatar had signed multi-billion dollar liquefied natural gas (LNG) deal.
Read More »Iran Open to Work with US Companies
The BP head said that the company would spend $15 billion in projects this year. and in 2018 and 2019.
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